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A company that has recently gone bankrupt or otherwise gone out of business may have owed you an outstanding balance. You observe that a new business has emerged from the ashes of the old. This is a successor company, and it may still owe you the money that the old...
When you deal with a failure of a contracted party to deliver on their end of the contract, it can result in a loss of standing with your clients or customers, and a loss of revenue. You can often choose to pursue financial compensation as an option in these cases....
Even with a clear payment contract in place, sometimes your customers will procrastinate payment. While they may not view this as a big deal, their ignorance can take a toll on your organization. Encouraging your customers to pay in a timely manner may look different...
